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 Vancouver, March 11, 2020 - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces closing of the second tranche of 837,500 units for $67,000 (the “Second Tranche”) of the non-brokered private placement (the “Placement”) of up to 5,000,000 units (the Units”) at a price of $0.08 per Unit for total gross proceeds of up to $400,000 announced on February 19, 2020. The closing of the Placement is subject to final acceptance by the TSX Venture Exchange. The securities issuable in connection with the private placement are subject to a hold period ... [ more ]

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